President Trump's US-Russia deal to export diesel and crude cargoes has drawn considerable scrutiny from Western elites as the first shipments could soon reach US shores.…
PetroChina’s third-quarter profit rose 21.6% on Iran war-inflated oil and gas prices, while the company’s nine-month crude output, refinery runs and domestic diesel sales all…
An oil price of $130 per barrel could be one of the scenarios of Iran’s economic planners preparing the budget for the next Iranian year starting March 2027, according to Iranian…
The homeownership rate of 65.5 percent was not statistically different from the rate in the third quarter 2025. The homeownership rates in the Northeast, Midwest, South, and West…
State-owned firm QatarEnergy has extended the force majeure on LNG deliveries to the end of the year, leaving Europe and Asia without certain term supply heading into the winter,…
Surging tanker rates amid the oil and shipping crisis helped Saudi Arabia’s shipping giant Bahri post a tenfold jump in net profit for the third quarter from a year earlier.…
Oil traders appear to be preparing for a resumption of hostilities in the Middle East following the U.S. midterm elections on November 3, and if such a resumption does not take…
Oil prices climbed in early Asian trade on Wednesday as renewed Houthi attacks on Saudi Arabia reignited supply fears in the region. Falling inventories and reports that the U.S.…
Americans are paying the biggest portion of global energy price inflation resulting from the war in the Middle East, a Finnish energy and climate outlet has reported. Estimating…
Turkey has finally gotten both sides of a divided Libya to sign the maritime map it has pushed for seven years. Ankara signed the boundary deal with Libya’s Tripoli government in…
The diesel crunch is set to persist well into 2027 as supply remains limited by the Middle East conflict and the damaged Russian refineries, analysts say. Attempts at transient…
Saudi Aramco is offering additional crude to European refiners for October and November loading, just weeks after telling customers they would receive no oil under their October…
Brent holds near $115 as Iran war tensions and escalating Saudi-Houthi hostilities keep oil markets on edge ahead of U.S. midterms. Hormuz Becomes Even More Dangerous — and More…
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